New Intermed Uptrend!!

[Saint]

Hi Saint,

How is Zensar Technologies looking?

Thanks,
Sentinel

Hi Sentinel,

Zensar Tech looking good actually.On the monthly a nice higher pivot low.Nice consolidation sideways on the weekly from March of last year.Looking good for a move up.Buy on a pullback to around the 200-204 levels,with a stop of 182 and a tgt of 320.

Nice one,my friend!

Saint

 

[Saint]

Hi Saint,

MAX started its breakout on Friday.What is the target we are looking at?

Thanks in adv,
JayRaj

Hi Jay Raj,

Yep,MAX made its move at last on Wednesday the 25th,we are up around 100pts here.Now at 705.Looking great so far.No specified target........keep raising stop loss till stopped out.

Happy Trading!
Saint

 

[Saint]

Entered RPG transmission at 145.20 today. Escorts posted very good profits this quarter. Any opinions or ideas abt Escorts..?

Hi Ramtrade,

RPG LIFESC :So far so good,still up trending on all time frames.Nice.

ESCORTS :All over the place kind of stock.Am sure there's money to be made in the short term.But longer than that,lots of resistance at every level.Frankly,ugly looking.........I'd stay clear as profit making is a strenuous process in this one as compared to many others.

Happy Trading!
Saint

 

[Saint]

Any idea about Manappuram General Finance...?

MA,RSI looks good but hesitation to get into this stock as i had already suffered some losses earlier. Would like to have opinion on this before i get into this again.

Thanks
Ramesh

Hi Ramesh,

Manappuram Gen Fin :Of the low volumes variety.But if fine with that ,charts looking great actually.Interesting to see how this finishes off today.A finish over 28.5 and therefore taking out its previous pivot high on the weekly charts makes it a nice buy on Monday.........if aggressive,buy a portion here and add over this week's high on Monday or any day when that happens.Stop=24.2,1st tgt=40.

Happy Trading!
Saint

 

[garun1979]

Hi Gaurav,

Looking great,but I prefer to get in on the move before it actually happens.As far as I am concerned,best to wait for a pullback for an entry.If in already,great.It's a HOLD.

HappyTrading!
Saint

hi saint,

need sm bit of advice..shud i hold on to eih ass..even as the q3 results are round the corner..

one pick u cud look at is Mold tek (Anil ambani has a 7.5% stake)..think it will breakout after a consolidation phase..(bse 526263) cmp 46


thanks
Gaurav

 

[Saint]

Need technical advice on Goldstone Teleservices. Seems to the stock is going into Bollinger Band Squeeze.

Hi Ramesh,

GOLDSTONE TELE :Not clear on the direction as of now.Wait n watch for now.Allow some sideways consolidation at these levels to happen before an entry.Watchlist for now.

Saint

 

[Saint]

any opinion on the Ind Swift Lab, i already have an exposure in this stock. Business Standard has rated Ind Siwft Lab at 574 i guess(not sure on the exact number). P/E is below 20 which is cheap when compared to its peers.

Hi Ramesh,

IND SWIFT LABS :Monthly charts in pullback mode from the highs of 296.Weekly is still in lower pivot highs and lows.This one may hold these levels and start to blast up,or may go down further from here.Let it demonstrate strength before committing funds to it.More interesting if this can put in an end of the week close over 176.Nice watch for now.

Happy Trading!
Saint

 

[Saint]

Hi Saint,

Any remarks on UCO bank. Have holding of 100 @ 22


thanks

Nishant

Hi Nishant,

UCO BANK : Definite HOLD,looking great.Also a nice ADD over 29.75.

Great entry,great going!

Saint

 

[Saint]

hi saint,

need sm bit of advice..shud i hold on to eih ass..even as the q3 results are round the corner..

one pick u cud look at is Mold tek (Anil ambani has a 7.5% stake)..think it will breakout after a consolidation phase..(bse 526263) cmp 46


thanks
Gaurav

Hi Gaurav,

On EIH ASSOC ,I 'd take some off the table,and hold the rest.

MOLD TEK :For now,I'd do nothing.Better to keep on a watch for now.Would be interesting if it can put in an end of the day close of over 50.Let it demonstrate some strength before we do something.

Saint

 

[phoenix]

Hi Saint..........

Have not posted here in a long time,but had to thank you for some great picks.A 9% move in Everst Kanto Cylinders today.And a 22% move in MAX in 2 days.

Great calls!

Phoenix